FIFO Inventory Costing

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  • Опубліковано 27 сер 2009
  • FIFO Accounting Inventory

КОМЕНТАРІ • 175

  • @hassaan561
    @hassaan561 11 років тому +1

    this proves youtube really works because for the past 3 hours i have gone over my homework, quizes, notes, online exercises, and still didnt fully understand the concept and i go to all my lectures at school.... and decided to try youtube....and now i am able to do my assigned problems easily and feel as if im better prepared for the test....thank u

  • @peterawesomeness1
    @peterawesomeness1 10 років тому +37

    You just taught that so much better than anyone I've seen. My professor just says "this goes here and you get this here, and then that goes there".

    • @citkat5743
      @citkat5743 9 років тому

      peterawesomeness1 lol. relatable.

  • @wilIis
    @wilIis 6 років тому +1

    I've been completely lost in my online accounting class. This has at least helped me get going, so thank you for your great explanations.

  • @whosthere2010
    @whosthere2010 12 років тому

    I was in a tailspin about how to find cost of goods sold but thanks to your vids I am beginning to get a better grasp of the material. Thank you.

  • @TheChefODoom
    @TheChefODoom 10 років тому

    You explain it so easily and plainly. >.> The problem with text book and online classes is that your teacher doesn't want to do any board-work. She just wants to blab while you read a power point, and the power point doesn't explain it except with already-written pictures of tables like this.
    When you try to remedy this by reading the book, they want to use complicated wordings like some English major wrote it.
    Thanks for the explanation video!

  • @playdohputty
    @playdohputty 11 років тому

    i wish i could like this a thousand times. you did something that 2 hours of studying, 4 hours of class, and a textbook could not do....
    you made me understand FIFO in less than 6 minutes.

  • @ghiannordien8544
    @ghiannordien8544 3 роки тому

    I found your channel after searching on youtube for fifo method it is a old video but
    You sir deserve a noble peace prize. I am in college right now and my lecturer makes no sense but demands high results. You saved my skin. Thank you

  • @camr1234
    @camr1234 11 років тому +1

    This was far easier than I thought, thanks to you! Thank you for being clear and precise, way better than my accounting teacher!

  • @dlawnsgud
    @dlawnsgud 11 років тому

    The best explanation vid or tutorial from any other person I've ever met. After this vid, I totally understood everything about FIFO method. YOU ARE THE BEST !!!

  • @tanyatchounkovskii454
    @tanyatchounkovskii454 10 років тому +16

    Thank you so much! The best explanation, very organized makes it easy to understand. Your students must love taking your classes. :)

  • @flordelizatagami8121
    @flordelizatagami8121 7 років тому +1

    In the discussion of my professor I don't understand. He explain so fast and he don't even give lot of information of what he is discussing he just write on the board.
    But now, thank you i'd already get it. And now, i can start my assignment.

  • @NickRollins1987
    @NickRollins1987 10 років тому

    This guy made this so much easier to understand than the way my teacher showed us!

  • @MarinaCasapu
    @MarinaCasapu 13 років тому

    Thank YOU!!!!!!!!!!!!!!!!!!!!!
    I was doing so good in accounting until I missed a class when LIFO and FIFO was explained. I've looked everywhere for explanation - online, in the books, but it was too confusing. Now, I can't believe that it is so easy.

  • @Vexirra
    @Vexirra 7 років тому +10

    omg you're the best ever! took me forever to understand in class, but you just made it so easy to understand! THANK YOU!

  • @ModestyisbeautifuL643
    @ModestyisbeautifuL643 9 років тому +1

    Thanks a huge for this. Was about to write my homework and realized that ive forgotten everything mr professor taught..but glad i found this ayee..

  • @ovidio1833
    @ovidio1833 10 років тому +1

    This was really helpful. He explains areas that you need to know and which one to focus on later.

  • @HolyCrapItsALion
    @HolyCrapItsALion 14 років тому

    Man, part of my final requires me to remember this. I wish my professor explained it this way. Thanks for keeping such a USEFUL video up for reference!

  • @BECKYM764
    @BECKYM764 10 років тому

    Helped a lot for my accounting class. My book is too wordy and this was very simple and easy to understand. Thank you!

  • @mohammedibrahim6771
    @mohammedibrahim6771 5 років тому

    Professor you covered that just in five minutes, that was a huge help. Thank you

  • @soulcake76
    @soulcake76 6 років тому

    Love you, man!!!!!! Easy, break it down and you stick with the subject at hand!!!

  • @Tone202
    @Tone202 6 років тому

    you do the best out of all the youtube accountants explaining this because we see a problem worked out. ty bro I SUBBED!

  • @mattfisher64
    @mattfisher64  10 років тому +3

    This is perpetual since I update the numbers after each transaction. Good question!!!! Good luck!

  • @benkaufusi6184
    @benkaufusi6184 9 років тому

    I was unable to understand this on my accounting txt but now i understand it well from your lecture....thank you very much for your help. Cheers

  • @helenlucka
    @helenlucka 11 років тому

    I know right! You just made me understand that like it was a piece of cake. Thank you so much, your video is helping me a lot. I wish I knew your channel earlier

  • @eric91wright
    @eric91wright 13 років тому

    watching this the evening before my exam. You are a lifesaver. Summer college teachers just don't care.

  • @shakz586
    @shakz586 12 років тому

    man...I thought I'd never understand this..my teacher taught this too badly...loads of thank to you :)

  • @Lahlooooouh
    @Lahlooooouh 11 років тому

    Yeah, I wasn't really paying attention during this particular lecture in my accounting class.. so this video very quickly helped reinforce/teach this topic. Thanks man. Appreciate the vid.

  • @gounc93
    @gounc93 12 років тому

    Really appreciate you taking time out of your day to make this video. Cleared this concept up for me a bunch. You the man

  • @latoyablake9485
    @latoyablake9485 10 років тому +4

    Wow you teach way better than my accounts teacher, she makes everything so difficult

  • @worldsavy
    @worldsavy 11 років тому

    Clear, concise, and understandable. Thank you Matt.

  • @Reem-jm2bv
    @Reem-jm2bv 9 років тому +3

    omygodddd... i finally get it .. three people tried to get it in my head and after watching this i finally was finally able to do it myself.. thank you so much.. i could literally kiss your face

  • @arlenegarcia595
    @arlenegarcia595 8 років тому

    I learn more from you than my teacher. You are amazing!

  • @JoseSoto-ho7mr
    @JoseSoto-ho7mr 9 років тому

    Great Job! it took me forever to learn this in school so i seeked extra help and you helped me learn it in five minutes! very satisfied

  • @aigera157
    @aigera157 7 років тому

    Thank you so much for your videos, they were extremelly helpful! I wish all the best to you!

  • @lsmith4467
    @lsmith4467 11 років тому

    Thank you very much for the video, this has truly helped me in my accounting 205 class online. Without the video I would be completely lost. Thank you again!

  • @dudemyster20
    @dudemyster20 12 років тому

    Damn I wish you were my Professor...This is my 3rd time taking Accounting and now I finally Understand FIFO...THANK YOU ! ! !

  • @jfloes90
    @jfloes90 8 років тому

    ive been trying so hard to find the answer on my own, sir... thank you.whatever is is that you are currently doing or plan on doing i wish you the best of luck, may the gods bless you.

  • @tienci3003
    @tienci3003 5 років тому

    Tomorrow is my exam, but it's so hard to understand fully FIFO, LIFO. Luckily, i found your video, i wanna say thank you for a million of times.

  • @Becky9517
    @Becky9517 10 років тому +1

    Thank you again so much for this! :) this is definitely going to make studying for my exam less stressful. You're awesome thank you so much!

  • @alfonzocooper8095
    @alfonzocooper8095 10 років тому

    You are awesome you are getting me through my online accounting class. Thanks !!!

  • @serenasw0rld
    @serenasw0rld 10 років тому +2

    You made it seem so simple the way that you explained it. I was reading the school's online book for a while and couldn't understand it, and you made it very easy to understand in like 5 minutes. Thank you, very helpful.

  • @skitzoooo
    @skitzoooo 9 років тому +1

    this video helped me soo much. I was so stumped on this

  • @lalebalobasha
    @lalebalobasha 14 років тому

    its really briilint .u know my teacher took 4 hour ,and made it more complicated .but here its just soo easy thanks for uploading it

  • @linasanchez758
    @linasanchez758 12 років тому

    Wow you made it seem much more simple and I'm actually understanding it thank you.

  • @saud24520
    @saud24520 12 років тому

    best regards from saudi arabia .... you're a life saver .. thanks

  • @hassaan561
    @hassaan561 11 років тому

    thanks...u explained it a lot better than my teacher

  • @seanlarkin4380
    @seanlarkin4380 6 років тому

    Great explanation. Really helped my understanding

  • @oscar05vr
    @oscar05vr 11 років тому

    Can't thank you enough for these videos, very helpful

  • @chipham5409
    @chipham5409 7 років тому

    Thank you thank you !!! for making it so simple and easy to comprehend :)

  • @TheFisherBrice
    @TheFisherBrice 10 років тому

    You made so much sense my lecturer had me so confused.

  • @yunsan
    @yunsan 10 років тому

    i literally have a final exam tomorrow that will be focusing on this and my accounting teacher literally makes things extra difficult for us, you're a lifesaver!!!!!! thank you!!

  • @ischia4609
    @ischia4609 5 років тому

    Thank you, that was incredibly helpful!

  • @rdulceamor
    @rdulceamor 11 років тому

    I believe this has helped. I am an online college student and it is hard not seeing things written out and hearing them explained. I wish I would have found your channel sooner!

  • @redatlstud1
    @redatlstud1 14 років тому

    thank u this really helps me. im taking online classes and i needed this!

  • @gilbertsanjur6598
    @gilbertsanjur6598 7 років тому

    Great job explaining, I understand!

  • @TinaPak
    @TinaPak 8 років тому

    thank you!!! nice little reminder

  • @Errorenos
    @Errorenos 9 років тому

    Very helpful and understandable...thank you...

  • @youn177
    @youn177 11 років тому

    Great job Sir! My accounting teacher should watch your videos!

  • @Skholesy
    @Skholesy 14 років тому

    Thanks for the explanation, made it really clear for me now !

  • @lookitskirby
    @lookitskirby 5 років тому

    Is the difference between periodic and perpetual method just the journal entry's that you make?

  • @nedjyjoseph5554
    @nedjyjoseph5554 9 років тому +1

    Thank you so much for this video!

  • @rhvideo1
    @rhvideo1 12 років тому

    we spent 2 hours of wasted time and slides and i still couldnt do the home work. Professors are getting lazy. thanks for your help. I got it too!

  • @shannonbailey271
    @shannonbailey271 7 років тому +3

    This video saved my life. lol. I take accounting online (which if I would have known it was this hard, I would have went on campus) so I have to basically teach myself. for almost 2 weeks, I have been lost until I saw this. Thanks

  • @reoin001
    @reoin001 10 років тому

    Thank you very much!! Best explanation!!

  • @rimuuwilliams7062
    @rimuuwilliams7062 8 років тому +2

    BLESS YOU , SIR. I don't hate FIFO and LIFO anymore

  • @kikiamoure
    @kikiamoure 10 років тому

    This really helped me!!! Thank you!

  • @kevokiplagat8997
    @kevokiplagat8997 6 років тому

    You teach so good I got it so clear

  • @almusawermedia
    @almusawermedia 13 років тому

    Very nice Explanation,
    Thanks alot....

  • @abuhussein9810
    @abuhussein9810 9 років тому

    best video I was lost and confused. until I found this video thankkkkkkkkkkkkkkkkkkkkk you very much great video.

  • @AlwaysaGemini
    @AlwaysaGemini 13 років тому

    very well presented.. I wish you were my accounting professor!!!!

  • @hemangpatel1114
    @hemangpatel1114 6 років тому

    Thank you so much for the detail.

  • @r.9447
    @r.9447 6 років тому

    Life saver for real. Thank you!

  • @noidea6558
    @noidea6558 4 роки тому

    you seriously saved my life, thank you

  • @emmel07
    @emmel07 10 років тому

    Holy balls I actually understand FIFO and LIFO after 2 semesters of this nonsense. Thank you Matt Fisher!

  • @deandradaley4466
    @deandradaley4466 7 років тому

    Thank you so much for your video, it helped me.

  • @Razeypicalious
    @Razeypicalious 11 років тому

    I FINALLY UNDERSTAND. IM HAVING EXAMS ON THAT TMRW AND LEARNING IT TODAY HAHAHA. THANKS ILY

  • @MonaHamood
    @MonaHamood 12 років тому

    I like this lesson very much ..
    You explained it very well .. and easily
    Thank you so much ^_^

  • @wamokh
    @wamokh 7 років тому

    I LOVE YOU! You just saved my life.

  • @samiyounax
    @samiyounax 6 років тому

    Amazing. Thank You so much sir!

  • @GEORGEBELG
    @GEORGEBELG 13 років тому

    Excellent video. Many thanks

  • @desireecasarez8983
    @desireecasarez8983 4 роки тому

    Having trouble understanding where did you get the 50 from and how did you get it??

  • @zach647
    @zach647 7 років тому

    Because of your Videos, I got an A on my accounting, I exam Thank you

  • @kissme008aj
    @kissme008aj 12 років тому

    you are a great teacher! thanks :)

  • @callum8178
    @callum8178 10 років тому

    This really helped, thank you!

  • @wadecheng7787
    @wadecheng7787 7 років тому

    thank you..it is very helpful

  • @VeerMaratha
    @VeerMaratha 9 років тому +2

    Thank you very much sir

  • @Romeodxb
    @Romeodxb 11 років тому

    Thank you. Really informative.

  • @MuhammadFaizan-wk3qt
    @MuhammadFaizan-wk3qt 6 років тому

    Very Excellent Explaination

  • @kwazy349
    @kwazy349 13 років тому

    Thanks man. Appreciate the video lots

  • @dianaassenga488
    @dianaassenga488 4 роки тому

    Thanks much I have got more idea on how to solve such kind of question like that

  • @kabarfawzi6438
    @kabarfawzi6438 10 років тому

    Thank you very much!

  • @beaberrylious
    @beaberrylious 11 років тому

    Thank you you've helped me out :)

  • @Bigmowthp
    @Bigmowthp 13 років тому

    you just potentially changed my test from a C to an A. Thank you!

  • @mattfisher64
    @mattfisher64  14 років тому

    @flinagin Thank you for your comment. U made me laugh.

  • @Muppet160
    @Muppet160 6 років тому

    thank you!!!! helps alot

  • @user-su9jt2np2s
    @user-su9jt2np2s 6 років тому

    I FINALLY GOT IT BECAUSE OF THIS ! THANKSSSSS

  • @joeypidgeon995
    @joeypidgeon995 10 років тому

    I just love you! i want you as my teacher, your awesome!

  • @frankhahiba3827
    @frankhahiba3827 7 років тому

    thanks for the videos

  • @Exar83
    @Exar83 11 років тому

    this is awesome! thanks!

  • @pirsheikh
    @pirsheikh 13 років тому

    What if the the stock you issue is more than the stock you have in the balance column???